DESJARDINS RI CANADA - NET-Z (DRMC.CA) Stock Technical Analysis
TSX:DRMC - Toronto Stock Exchange - CA25060H1064 - ETF - Currency: CAD
We assign a technical rating of 8 out of 10 to DRMC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DRMC is only an average performer.
Warning: DRMC has an average volume of 1430 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
DRMC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, DRMC turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month DRMC has a been trading in a tight range between 34.24 and 35.72.
Although DRMC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.07
36.03
When analyzing the support we can see 4 important areas.
- A support zone ranging from 35.00 to 35.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.36 to 34.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.13 from a horizontal line in the daily time frame.
- Support @31.38 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.57 to 35.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DRMC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRMC.CA is up. |
| ChartMill Relative Strength | 67.49 | NEUTRAL | DRMC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.03 | OVERBOUGHT | The high RSI value suggests DRMC.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DRMC.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests DRMC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for DRMC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 44.83 | POSITIVE | The high ADX value value for DRMC.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:DRMC (7/21/2025, 7:00:00 PM)
35.55
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week0.74%
2 Weeks1.34%
1 Month3.04%
3 Month10.78%
6 Month8.02%
12 Month24.21%
2 Year36.68%
3 Year53.77%
5 Year83.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.51%
ATR Inc-12.84%
Range Today0.15
ADR(20)0.13
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.49
Mansfield0.22
10 Day High35.72
10 Day Low34.85
20 Day High35.72
20 Day Low34.24
52 Week High35.72
52 Week Low27.7
CS1 End35.54
CR1 Start35.57
Volume & EV
DER(3)0%
DER(5)0%
Volume516
Volume Incr-15.86%
Vol(5)1.18K
Vol(50)1.43K